April 24 (Reuters) - Fortescue (FMG) on Wednesday logged a 6% decline in third-quarter iron ore shipments, hurt by an impact of an ore car derailment and weather disruptions.
The world's fourth-largest iron ore miner said it shipped 43.3 million tonnes (mt) of the steel-making commodity in the three months ended March 31, compared with 46.3 million tonnes a year earlier.
That compared with a Visible Alpha estimate of 45.4 mt according to Morgan Stanley.
News: FMG Australia's Fortescue third-quarter iron ore shipments fall 6%
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$19.55 |
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Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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